Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Veea Inc (NASDAQ: VEEA) closed at $2.83 in the last session, up 4.81% from day before closing price of $2.70. In other words, the price has increased by $4.81 from its previous closing price. On the day, 0.14 million shares were traded. VEEA stock price reached its highest trading level at $2.9 during the session, while it also had its lowest trading level at $2.64.
Ratios:
We take a closer look at VEEA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.78.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VEEA now has a Market Capitalization of 100993640 and an Enterprise Value of 41610820. For the stock, the TTM Price-to-Sale (P/S) ratio is 2019.78. Its current Enterprise Value per Revenue stands at 4.573 whereas that against EBITDA is -2.747.
Stock Price History:
Over the past 52 weeks, VEEA has reached a high of $18.56, while it has fallen to a 52-week low of $2.13. The 50-Day Moving Average of the stock is -35.80%, while the 200-Day Moving Average is calculated to be -69.12%.
Shares Statistics:
According to the various share statistics, VEEA traded on average about 350.98K shares per day over the past 3-months and 667120 shares per day over the past 10 days. Shares short for VEEA as of 1730332800 were 55562 with a Short Ratio of 0.33, compared to 1727654400 on 38869.